Expatriate Merchants and Partnership Formation 1840–1920

Danish Merchants in Newcastle-upon-Tyne

Bibliographic Data

ID12680909
AuthorsDaniel Riddell (0009-0008-0321-4326, World Health Organization - Denmark, corresponding author)
Year2024
Volume26
Issue1
Pages274-307
Publication date2024-02-26
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueEnterprise & Society (JOURNAL)
Journal identifiersISSN: 1467-2227 • E-ISSN: 1467-2235
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/eso.2024.3
OpenAlexW4392164730
LanguageEN
Citations received1
References cited50

Trust is often the premier concern highlighted in relation to the formation of mercantile business partnerships, the role of culture, family, and religion at the forefront. This is especially the case for expatriate communities. However, the Danish merchants of nineteenth century Newcastle-upon-Tyne, as especially demonstrated in the diaries of one of their number, Richard Steenberg, did not conform to this trend. This article investigates Steenberg and two other leading merchants, the Borries cousins, as well as some of their former employees, who typify trends within a wider body of 126 businessmen. It will show that they strategically chose partners who had complimentary supplies of financial, human, and social capital to improve the position of a shared firm, and these supplies formed the key criteria in forming or entering these businesses. The role of trust is not denied. Rather, this article seeks to direct debate toward the importance of financial, human, and social capital in commercial partnership formation in relation to trust

Business · Danish · Economic history · Economics · Expatriate · General partnership · Linguistics · Newcastle upon tyne · Political science · Historical Economic and Social Studies · Law · Migration, Ethnicity, and Economy · Philosophy · Scottish History and National Identity · Finance

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